{
  "id": 4527481,
  "title": "Power sector loses N1.36tn to revenue leakages – NERC",
  "url": "https://urgent.news/2026/08/31/power-sector-loses-n1-36tn-to-revenue-leakages-nerc",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-31T00:10:16.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/power-sector-loses-n1-36tn-to-revenue-leakages-nerc/"
  },
  "original_language": "en",
  "account": "In 2025, Nigeria's power sector experienced a revenue loss of approximately N1.36 trillion due to billing and collection inefficiencies. The Nigerian Electricity Regulatory Commission (NERC) reported that distribution companies failed to bill consumers for N694.8 billion worth of electricity and also failed to collect N669.5 billion from existing bills. Of the N2.99 trillion billed, the distribution companies collected only N2.32 trillion, resulting in a collection efficiency of 77.60 percent. The energy accounting efficiency, which measures the amount of electricity supplied versus billed, was 82.77 percent. Ibadan Distribution Company achieved the highest energy accounting efficiency at 88.84 percent, while Enugu had the lowest at 72.18 percent. Former senator and businessman, Ben Murray-Bruce, criticized the country's electricity privatization, stating that it had failed to deliver the investment and reliability promised to Nigerians. He argued that investors acquired electricity assets without the financial capacity to rebuild and expand them, leading to commercial losses in the power sector. The weighted average aggregate technical, commercial, and collection loss across the distribution companies stood at 37.03 percent in 2025, exceeding the 20.54 percent target set by the 2025 Multi-Year Tariff Order.",
  "summary": "Nigeria’s power sector lost N1.36tn in 2025 due to revenue leakages, as DisCos failed to bill and collect for electricity, NERC reports. Read More: https://punchng.com/power-sector-loses-n1-36tn-to-revenue-leakages-nerc/",
  "key_points": [
    "Nigeria's power sector lost N1.36tn in 2025 due to revenue leakages",
    "Distribution companies failed to bill N694.8bn and collect N669.5bn from consumers"
  ],
  "editors_take": "The power sector's revenue leakages underscore the failure of Nigeria's electricity privatization to deliver promised investment and reliability, with distribution companies' inefficiencies and commercial losses driving the losses.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "Power sector loses N1.36tn to revenue leakages – NERC",
        "url": "https://urgent.news/2026/08/31/power-sector-loses-n1-36tn-to-revenue-leakages-nerc-4529013",
        "published": "2026-08-31T00:20:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}